Multiple Choice
According to internalization theory,one of the drawbacks of licensing is that:
A) it may result in a firm's technological know-how being restricted to a limited knowledge base and stifles any future development.
B) it does not give a firm the tight control over manufacturing,marketing,and strategy in a foreign country that may be required to maximize its profitability.
C) when a firm allows another enterprise to produce its products under license,the licensee bears the costs or risks.
D) a firm's competitive advantage is based entirely on its products with management,marketing,and manufacturing capabilities playing nominal roles.
Correct Answer:

Verified
Correct Answer:
Verified
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